Eversource makes Rs 1,200 crore offer for BluSmart, but deal clouded by Gensol probeEversource’s offer may not result in a deal due to probes at BluSmart’s sister concern Gensol; Eversource may directly negotiate with lende...
ONGC, NTPC Green JV set to buy Ayana Renewable for $750 millionONGC NTPC Green Pvt Ltd (ONGPL) is acquiring a 100% stake in Ayana Renewable Power for $700-750 million. The deal values Ayana at $1.7-1.8 ...
NTPC, ONGC may join hands to acquire AyanaONGC, in a bid to acquire a 100% stake in Ayana Renewable Power, is considering utilising its joint venture with NTPC. While ONGC emerged a...
Targeting to avoid 30 mn tonnes of GHG emissions by 2030, says Dhanpal Jhaveri, Eversource CEOEversource Capital planned significant investments to support India's net zero transition, targeting a reduction of 30 million tonnes of em...
Climate investor Eversource receives grant funding from US and Danish governmentsEversource, a climate investment joint venture between Everstone Group and Lightsource BP, has received catalytic concessional capital from...
Spencer’s Retail MD Devndra Chawla steps down; to join GreenCell Mobility as CEOIn a regulatory filing, the retail company said Chawla has tendered his resignation from the position of chief executive and managing direc...
EverSource closes climate impact fund at $741 millionEverSource is investing to combat climate change by focusing on the decarbonization of energy and resource efficiency. The Fund actively in...
IL&FS sells its environment business, reduces Rs 1200 crore debtIL&FS, held 97.54 percent stake in the environment business the balance was held by IL&FS Employee Welfare Trust. This sale will reduce ove...
PE funds invest $390 mn in renewable energy platform AyanaWith a $284 mn investment, NIIF is largest shareholder of Ayana
Eversource buys ex investment banker's biz, enters solar rooftop spaceOrigin Renewables, which develops and invests in solar rooftop and other renewable projects on a Operational Expenditure (OPEX) or Build Ow...
EverSource, NIIF buy stake in Ayana Renewable for $330 millionAll three partners will invest $330 million cumulatively, according to a company statement.
UK commits over £150 million to power India’s energy ambitionsAyana is well poised to play an important role in India’s ambition to build 175 GW of renewable energy capacity.
EverSource eyes minority stake in CDC-backed AyanaEverSource plans to invest about $100 million in Ayana, backed by CDC Group Plc, the development finance institution owned by the UK govt, ...
EverSource to invest up to $150 million in green firm of former Ostro Energy executivesRanjit Gupta and Murali Subramanian, former CEO and COO, respectively, of Actis LLP’s Ostro Energy, will raise about $100-150 million from ...
EverSource to back renewable firm of ex.Ostro Energy executivesEverSource was launched at a time when several renewable power producers were in fundraising mode either by selling minority, or a controll...
NIIF commits 120 million pounds in partnership with UK govt to launch Green Growth Equity FundThe fund that aims at raising 500 million pounds will enable international institutional investors to invest in areas such as renewable ene...
US firm Eversource Energy accused of replacing American employees with H-1B visa workersDemocratic Senator Richard Blumenthal asked the Justice Department to investigate allegations that 'Eversource Energy' abused foreign worke...